Bank of Canada Holds Rates Steady; ECB Expected to Do the Same Today By James Christie Good day. As anticipated, the Bank of Canada held its main interest rate at 5% on Wednesday. Governor Tiff.
MARKET WRAPS Stocks: European stocks slipped ahead of the European Central Bank s interest-rate decision. The ECB will probably keep interest rates unchanged and like the Federal. -January 25, 2024 at 06:04 am EST
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ECB Plays Down Rate Cuts. Like the Fed, It s Expected to Pause. European Central Bank President Christine Lagarde said that, while the key interest rate has probably peaked, a reduction could.
MARKET WRAPS Forex/Bonds: German government bond yields and the euro showed little reaction to weaker-than-expected German Ifo business sentiment index , remaining slightly higher on the. -January 25, 2024 at 06:21 am EST
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What to Watch in the GDP Report: How 2023 Defied Recession Fear Forecasters estimate the U.S. economy grew 2.6% over the past year due to strong consumer spending and hiring.
The Fed Risks.